HomeMy WebLinkAboutR-04-0312City of Miami
Legislation
Resolution: R-04-0312
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-00442 Final Action Date: 5/6/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION ESTABLISHING A NEW
SPECIAL REVENUE FUND ("FUND") ENTITLED "DISTRICT 5 MINI -STADIUM
FUND," AND APPROPRIATING SAID FUND WITH PROCEEDS GENERATED
FROM THE FIRST FOUR YEARS OF OPERATION OF THE MINI -STADIUM
(FOOTBALL/SOCCER) TO BE LOCATED IN THE DISTRICT 5 AREA, SAID
PROCEEDS FROM THIS FUND WILL BE USED TO REPAY, TO THE EXTENT IT
IS FINANCIALLY FEASIBLE, THE HOMELAND DEFENSE AND
NEIGHBORHOOD IMPROVEMENT DISTRICT 5 QUALITY OF LIFE BOND.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. A new special revenue fund entitled: "District 5 Mini -Stadium" is established and
appropriated with proceeds generated from the first four years of operation of the mini -stadium
(football/soccer) to be located in the District 5 area.
Section 2. Proceeds from this fund will be used to repay, to the extent it is financially feasible,
the Homeland Defense and Neighborhood Improvement District 5 Quality of Life Bond.
Section 3. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor.{1}
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall
become effective immediately upon override of the veto by the City Commission.
City of Miami
Page 1 of 1 File Id: 04-00442 (Version: 1) Printed On: 9/12/2016